The cost increase reportedly comes due to high fuel prices and strong post-pandemic demand for flights The cost of flights in the UK has been soaring at the fastest rate since records began, in a sign that budget travel is coming to an end, Bloomberg reported this week. In December, air fares surged by 44.4% compared with a year earlier in a sharp acceleration from a rate of 24.3% in November. According to the British Office for National Statistics, it was the largest year-on-year increase in air fares since at least 1989. Air carriers say travel demand remains high in the UK in the wake of Covid-19 restrictions e
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